Nice Village House Near Stara Zagora - ID 2994

Arco Invest, Glavbolgarstroy Sign 3.1m Euro Deal 10/03/2008
Arco Invest Ltd, the Bulgarian subsidiary of Tallinn Stock Exchange-listed Arco Vara, has contracted construction company Glavbolgarstroy-Sofia Jsc to build the second stage of a mixed residential-commercial complex on Sofia's Madrid Boulevard. Arco Invest will pay Glavbolgarstroy 3.1 million euro for the works, which will include also doing the building's interior. The Estonian company bought the Madrid project with all required permits on August 2 2007 and said it would invest 20 million euro in a mixed residential-commercial complex with a total built-up area of 24 700 sq m. It was due to be completed in the autumn of 2009. Arco Vara is a leading real estate developer in the Baltic region, which has begun expanding to central and eastern Europe. The company owns... more

Bld Fund Buys Another Plot Near Sofia For Residential Complex 26/03/2008
Bulgarian Land Development (BLD) investment fund acquired another 46 673 sq m plot of agricultural land near Sofia for 500 000 euro, although its exact location was not revealed, investor.bg reported on March 25. The plot is located in an area with good potential for the development of a residential compound in Sofia’s suburban areas. BLD wants to consolidating several stretches of agricultural land in the area to a total of about 250 000 sq m. Once the fund has acquired all the necessary land, it plans to change its purpose into plots for residential construction. BLD representatives consider the project very attractive to both holiday property buyers and Sofia residents, because of its enticing location – only a 45-minute car drive from Sofia, the complex will combine the benefits... more